2891 CTBC Financial: Approval of Non-Compete Activities for Subsidiary Managers
CTBC Financial announced that two managers of its subsidiary, CTBC Bank, have been approved to serve as directors at Xiamen Jinmeixin Consumer Finance.
📋 Article Processing Timeline
- 📰 Published: May 23, 2026 at 06:31
- 🔍 Collected: May 23, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 21:04 (206h 32m after Collected)
CTBC Financial announced that its subsidiary, CTBC Bank, has approved non-compete activities for its managers, Li Zhang-Wei (Senior Executive Vice President) and Liao Zhen-Wen (Executive Vice President), to serve as directors at Xiamen Jinmeixin Consumer Finance Co., Ltd. The resolution was passed unanimously by the board of directors. The approval is valid for the duration of their directorship. There is no financial impact on the company.
FAQ
What is a non-compete conflict in this context?
It refers to holding a position in a competing company, which requires board approval.